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THAMES.

(By Telegraph—Own Correspondent.)

THAMES^ this day.

The 29th annual meeting of the Thames Land, Building-, and Investment Society (permanent) was held last evening, Mr James Renshaw in the chair. The annual report stated that the business done during the year had been fairly profitable. The operations of-the Society were, however, somewhalt restricted, because of the cessation of building operations at the Thames, and the uncertainty of the tenure in the surrounding districts. It was to be hoped that the movement now on foot in the Waihi and Ohinemuri goldfields, to have the titles placed on a more secure basis would be successful and lead to larger operations. There was an overplus of capital in the meantime, which could not be used1 profitably and safely, although all the securities were believed to be good and sound. The profits for the year had been, exclusive of the balance brought forward from last year £1170 10/10, and the sum for distribution was £922 12/1. : .

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/AS19000822.2.26.5

Bibliographic details

Auckland Star, Volume XXXI, Issue 199, 22 August 1900, Page 3

Word Count
162

THAMES. Auckland Star, Volume XXXI, Issue 199, 22 August 1900, Page 3

THAMES. Auckland Star, Volume XXXI, Issue 199, 22 August 1900, Page 3

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